Waterland-backed netgo to acquire arxes-tolina.

Waterland-backed netgo, an IT services provider with offices throughout Germany, agreed to acquire arxes-tolina, a provider of IT and software services. Financial terms were not disclosed. "Our goal is to become a one-stop shop with full-service offering for our clients. Strengthening our software development portfolio and developing new clients throughout Germany are important steps to achieve this goal. Therefore, we are looking forward to welcoming the arxes-tolina team to the netgo group," Benedikt Kisner, netgo CEO.